The San Diego company said it also has executed a commercial agreement with Cerner, a health care technology company, which participated in the financing as Cerner Capital.

Privately held Sotera makes the ViSi Mobile system, which uses wireless technology for constant monitoring of all vital signs. The company is seeking approval from the U.S. Food and Drug Administration to market the product. The application is still under review.

The new venture capital funding will support the launch and commercialization of the product once it gets regulatory clearance.